October 2026
Largest Semiconductors Public Companies in India
Benchmark revenue and EBITDA valuation multiples for public comps like
Kaynes Technology, RRP Semiconductor, Centum Electronics, Moschip Technologies and RIR Power Electronics.
 | Kaynes Technology India provides electronics manufacturing services across industrial, automotive, aerospace, medical and other sectors, and builds semiconductor assembly and test capacity. Customers are OEMs in India and abroad. Headquartered in Mysuru. | $34 | -56% | $2.3B | $2.3B | 6.0x | 34.6x | ||
| RRP Semiconductor is a small Indian listed company with a trading and electronics background, and a stock that has traded at very high valuations recently. Its main activity is not clearly documented. Headquartered in Mumbai. | $85 | -31% | $1.2B | $1.2B | (1607.6x) | (1511.1x) | ||
| Centum Electronics Ltd designs, manufactures, and exports electronic products. It also provides design services to its customers, and these include systems, subsystems, modules, and complex electronic components. It provides mission-critical services and solutions to customers engaged in the Defence, Aerospace, Space, Medical, Transportation, and Industrial segments. The company's only operating segment is Electronic System Design and Manufacturing. Its geographical segments include India, its key revenue-generating market; Europe and the UK; North America; and the Rest of the world. | $40 | +43% | $597M | $604M | 6.0x | 42.2x | ||
| Moschip Technologies Ltd is a fabless model semiconductor company. Its principal activity includes software development and designing. The firm is engaged in the business of development and manufacturing of System on Chip (SOC) technologies. It focuses on providing value-added services in very-large-scale integration (VLSI) design, application specific integrated circuits, software development, and developing SOC for aerospace and defense, consumer and industrial applications, and Internet of Things/Everything (IoT/E) products and services across various industries. The company offers products, which include I/O Connectivity and SoCs. Its operating segment includes Semiconductor and Embedded. The company generates maximum revenue from the Semiconductor segment. | $2 | -38% | $339M | $333M | 5.4x | 57.4x | ||
| RIR Power Electronics Ltd is an India-based Manufacturing Industry company. The company is engaged in the manufacturing of Semiconductor devices like Diodes, Thyristors, Power Modules, Bridge Rectifiers, and high-power equipment like high-current rectifiers, Battery Chargers, Rectifier Panels, high-power stacks, and Assembly. Its products are used for Industrial applications in diverse sectors such as Railways, Induction furnaces, Electricity and Power Generation, Engineering, and others. | $2 | -53% | $122M | $121M | 12.6x | 86.3x | ||
| Median | $34 | -38% | $597M | $604M | 6.0x | 42.2x |
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